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First State Bank
✓ FDIC-insured · Active FDIC Certificate #5791
First State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Belmond, Iowa, established in 1933. As of the 06/30/2026 FDIC call report, it reported $142M in total assets and $118M in deposits. FDIC location data lists 1 office in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company FIRST BELMOND BCORP (Belmond, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
First State Bank's only FDIC-listed office is in Iowa. Browse banks in Belmond for other local options.
Branch locations
| First State Bank First State Bank · Full Service - Brick And Mortar | 304 E Main St Belmond, IA 50421 Map ↗ |
Holding company: FIRST BELMOND BCORP
The FDIC lists FIRST BELMOND BCORP, based in Belmond, IA, as the top holding company for First State Bank. It also owns one other FDIC-insured bank:
- Community Bank of Oelwein, Oelwein, IA ($95M in assets)
FDIC deposit insurance applies separately to each insured bank charter, even when they share a holding company. Confirm the charter before you spread deposits.
Similar-size banks in Iowa
Active FDIC-insured banks headquartered in Iowa with total assets closest to First State Bank's $142M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| The Citizens First National Bank of Storm Lake | Storm Lake | $256M | 3 |
| Heartland Bank | Somers | $256M | 5 |
| Malvern Bank | Malvern | $253M | 1 |
| Denver Savings Bank | Denver | $251M | 2 |
| First Bank Hampton | Hampton | $241M | 2 |
| United Bank and Trust Company | Hampton | $228M | 4 |
| Charter Bank | Johnston | $228M | 4 |
| Blue Grass Savings Bank | Blue Grass | $225M | 2 |
First State Bank: common questions
Is First State Bank FDIC-insured?
Yes. First State Bank is an active FDIC-insured institution, FDIC Certificate #5791. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is First State Bank headquartered?
First State Bank is headquartered at 304 E Main St, Belmond, IA 50421, according to FDIC records.
How many branches does First State Bank have?
FDIC location data lists 1 office for First State Bank, all in Iowa.
Who owns First State Bank?
The FDIC lists FIRST BELMOND BCORP of Belmond, IA as the top holding company for First State Bank. The same holding company owns 1 other FDIC-insured bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.